Julia Dreblow is a member of Parmenion’s Ethical Oversight Committee and the Founding Director of SRI Services. As we look ahead to 2026, she shares her reflections on where she hopes sustainable and ethical investing can make the biggest difference.
Capital, risk, and opportunity
Andrew Bailey, Governor of the Bank of England, recently described the UK’s three most significant economic headwinds as defence, demographics, and climate change. * While defence may sit outside the remit of many sustainable or ethical funds, demographics and climate change are firmly within the expertise of sustainable and ethical investors.
Both represent profound risks and compelling opportunities. As we look to 2026 and beyond, my hope is that our industry doubles down on maximising opportunities and managing down long-term risks, by directing capital to where it is most needed - and most productive.
Cutting through the climate noise
Climate related disinformation reached something of a fever pitch during 2025. This was despite the difference between a business-as-usual pathway and a well-managed transition being immense, and despite real progress already underway across many sectors. In 2026, I hope we become collectively better at distinguishing narratives driven by vested interests from those grounded in science, and that tangible, real-world wins receive the attention they deserve.
I'm also optimistic that the forthcoming report from the industry working group I have been part of, the Advisers' Sustainability Group, will play a constructive role in this process. With practical ideas and clear recommendations, I hope it proves genuinely useful in helping investors navigate what comes next.
Want to hear more?
To explore how these themes are shaping Parmenion’s approach, you can also read more from the Parmenion Investment Team in Mollie’s recent article: Parmenion ESG Solutions: 2025 review and what it means for 2026.
*BBC Radio 4 Today programme, 19 December 2025
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